BULLISH 📈 : BlackRock integrates Treasury-backed BUIDL with Uniswap, boosting UNI price

Uniswap's token, UNI, surged after BlackRock announced plans to integrate its Treasury‑backed digital fund, BUIDL, with the decentralized finance platform.

BUIDL Launch on Uniswap

BlackRock plans to introduce BUIDL to Uniswap, including purchasing UNI tokens.
Integration allows trading of BlackRock USD Institutional Digital Liquidity Fund shares using UniswapX technology.
Collaboration with Securitize enables 24/7 market access for investors.
Aims to bridge traditional finance with decentralized systems.

Market Impact

UNI reached a weekly high of $4.50 before settling around $3.68.
UNI was among few gaining cryptocurrencies, while Bitcoin (BTC) and others faced bearish trends.
Key levels: $3.14 as support, $4.70 as potential resistance.

Uniswap